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Investor Alleges Jeffrey Lawson’s Investment Recommendations Resulted in Losses

May 12, 2023 Unsuitable Investments

Jeffrey Lawson (CRD #: 3257793), a broker registered with Fifth Third Securities, was the subject of an investor dispute, according to his BrokerCheck record, accessed on May 5, 2023. Read on if you have questions about his alleged conduct as a broker.

Investor Dispute

On February 8, 2023, an investor alleged that Jeffrey Lawson’s investment recommendations resulted in losses. They sought $2.5 million in damages but the dispute was denied by the firm.

However, investors should know that firms don’t need to allow an external review before denying a dispute. Investors can still seek out FINRA arbitration and potentially recoup their losses following a denial.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that adequately fit an investor’s financial goals. Brokers must take into account an investor’s tax status, age, risk tolerance, and other information described in their profile.

Investors who rely on brokers for investment recommendations can pursue FINRA arbitration and potentially recover their losses.

Background Information

Jeffrey Lawson has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Jeffrey Lawson is a registered broker in 21 states and a registered investment adviser in Kentucky.

Kurta Law Can Help

If you worked with Jeffrey Lawson and you have concerns about your investments, please contact us today at 877-600-0098 or for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.